Same ownership definition

Same ownership means owned by the same person or persons, except that parcels owned by different persons are deemed held by the same ownership if the parcels are:
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Same ownership means an ownership interest in land in fee or equity by the same person or in joint or co−ownership, whether owned by one owner “and” another or one owner “or” another, as indicated on the instrument of title.
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Same ownership means ownership by the same person, corporation, firm, entity, partnership or unincorporated association; or ownership by different corporations, firms, partnerships, entities or unincorporated associations in which a stockholder, partner or associate, or a member of his or her family, owns an interest in each corporation, firm, partnership, entity or unincorporated association.
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Examples of Same ownership in a sentence

  • Same ownership means that both an island and its mainland access must have the same owner.

  • Same ownership: Different properties or business entities that are wholly-owned by the same natural person, entity, or group—generally 100% common ownership among the properties.

  • An entity thatif it must complete Schedule M-3 for 2007 based on its separate facts for 2007.4. Same ownership facts as in Example 2.2 for calendar year 2006 except that A is owned 50 percent bygenerally is disregarded as separate from its owner for U.S. federal income tax purposes (disregarded entity) must not beseparately reported on Schedule M-3 except, if required, on Part I, line 7.

  • Same ownership: Ownership by the same person, corporation, firm, entity, partnership, or unincorporated association; or ownership by different corporations, firms, partnerships, entities, or unincorporated associations, in which a stockholder, partner, or associate, or a member of his family owns an interest in each corporation, firm, partnership, entity, or unincorporated association.

  • A must complete Schedule M-3 when it completes its Form 1065 for 2008 because A has adjusted total assets of$10 million or more.3. Same ownership facts as in Example 2.2 continued to calendar year 2009.

  • Same ownership facts as in partnership as of the last day of the tax 2007, DS1, DS2, DS3, FS1, and FS2 Example 2.2 continued to calendar year year, and must be the same total assets each acquires a 10 percent partnership 2008.

  • Same ownership facts as infor its tax year ending December 31, partners in partnership K which files Form Example 2.2 continued to calendar year 2006, A must complete Schedule M-3 for 1065 for the tax year ending December 2007.

  • Same ownership objects are represented ‘peers’ or ‘siblings’ [1].

  • Same ownership means that both the lake access parcel and its backlot must have the same owner.

  • Same ownership means that legal title to all of the land must be held in the same name(s) and in the same capacity.


More Definitions of Same ownership

Same ownership means any allotment or allotments where the registered proprietor is, or proprietors are a member of the same family. For the purpose of this definition, “same family” includes a company where the director, directors or shareholders are members of the family or a trustee of a trust where the beneficiaries of that trust are one or more members of the family.
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Same ownership means ownership by the same person or entity or by successor persons or entities as a result of succession to heirs and personal representatives, corporate and partnership reorganizations, mergers, dissolutions, divestitures, partnerships, partitions, joint ventures, foreclosures, receivership or bankruptcy, purchase of capital stock, sale pursuant to United States Code, title 11, or similar succession, but not by outright sale to a bona fide purchaser for value where no portion of or beneficial interest in the successor in interest is retained by the original owner, its shareholders, partners, limited partners or beneficiaries.
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Same ownership means having identical owner(s) and identical percentage of ownership if there are multiple owners.
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Same ownership means at least 75 percent ownership or
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Same ownership means one manufacture is at least
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Related to Same ownership

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Beneficial Ownership shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;

  • Legal Entity means the union of the acting entity and all other entities that control, are controlled by, or are under common control with that entity. For the purposes of this definition, "control" means (i) the power, direct or indirect, to cause the direction or management of such entity, whether by contract or otherwise, or (ii) ownership of fifty percent (50%) or more of the outstanding shares, or (iii) beneficial ownership of such entity.

  • Beneficial Ownership Certification means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.